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Pensions & Investments: Double-Digit Returns Carry REITs to the Head of the Class

According to Pensions & Investments: Double-digit returns helped push the growth rate for real estate investment trust assets past that of private real estate assets in the year ended June 30.

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“For the year ended June 30, REITs performed quite well,” said Cedrik Lachance, director of U.S. REIT research at Newport Beach, Calif.-based real estate research firm Green Street Advisors LLC. “There's a good chance the differentiation (in REIT assets) came from that.”

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Mr. Lachance said it is too early to tell whether the GICS change had an impact on net inflows into REITs.

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To view the full article from Pensions & Investments, click here.